Moving from Memphis to Austin?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Memphis lifestyle in Austin, you'd need to earn:
$80,612/year
▲ $5,612 more than you make now
| Category | Memphis | Austin |
|---|---|---|
| Salary | $75,000 | $80,612 |
| Federal Income Tax | -$8,114 | -$9,349 |
| Social Security | -$4,650 | -$4,998 |
| Medicare | -$1,088 | -$1,169 |
| State Tax | -$0 | -$0 |
| Take-Home Pay | $61,149 | $65,097 |
Why the difference
- Cost of living is +6.4% in Austin
- Housing is +50.9% in Austin
Estimated Moving Costs
Distance: ~560 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Memphis to Austin
| Your Memphis Salary | Austin Equivalent | Difference | Austin Take-Home |
|---|---|---|---|
| $40,000 | $42,750 | +$2,750 | $36,388 |
| $50,000 | $53,397 | +$3,397 | $44,943 |
| $60,000 | $64,103 | +$4,103 | $53,482 |
| $75,000 | $80,612 | +$5,612 | $65,097 |
| $100,000 | $107,170 | +$7,170 | $83,780 |
| $150,000 | $160,644 | +$10,644 | $120,553 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Memphis and Austin Compare
Housing (51% more expensive in Austin)
The average 1-bedroom apartment in Austin rents for $1,549/month compared to $950/month in Memphis. Median home prices: $400,000 in Austin vs $236,000 in Memphis.
Taxes
Tennessee has no state income tax. Texas has no state income tax.
Overall Cost of Living
Austin's overall cost of living is 6.4% higher than Memphis, based on the BEA Regional Price Parity index (where 100 = national average).Memphis: 92.2, Austin: 98.1.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Memphis to Austin move. Average cost: $3,000–$7,000.
Compare Moving Quotes →Find Apartments in Austin
Average 1BR rent in Austin: $1,549/month. Browse available listings.
Search Apartments →High-Yield Savings
Park your moving fund in a 4.5%+ APY savings account while you plan your relocation.
Compare Savings Rates →